2. Mr Happy, a US citizen, came to India for an assignment from 11.01.2021 to 09.10.2021 and went back to his home country on completion of the same. He thereafter, visited India on 05.07.2023 again for an assignment, which ended on 26.05.2024. What is the latest date by which Mr Happy should depart from India after completing the assignment so as to qualify as non-resident for PY 2024-25? (Assume that he shall not be visiting India again during the year)
5. Mr Harry, an Indian citizen, is a marketing consultant who provides consultancy to various countries around the globe. Due to his profession, he is required to travel across various countries throughout the year. His marketing project does not last for more than 40 days and therefore his stay in any country including India usually never exceeds 40 days during a year. His income is ₹ 80 lakhs across the globe which is not liable to tax in any country. During PY 2024-25, an Indian company provides him a marketing project in India. His stay in India for the project is expected to be only 25 days and his income from that project would be ₹ 30 lakhs. Being a highly qualified professional, he consults you about the tax regime on his income and his residential status in India.
7. Mr Ramesh, a citizen of India, is employed in the Indian embassy in Australia. He is a NR for AY 2025-26. He received salary and allowances in the Australia from the Government of India for the year ended 31.03.2025 for services rendered by him in Australia. In addition, he was allowed perquisites by the Government. Which of the following statements are correct?
8. Mr Tejas, an Indian Citizen, left India permanently with his wife and two children, for extending his retail trade business of toys in Canada in the year 2018. From Canada, he is managing his retail business of toys in India. For the purposes of his Indian business, he visits India every year from 1st September to 31st January. His business income is ₹ 23.50L and ₹ 18L from retail trade business in Canada and in India, respectively for FY 24-25. He has no other income during PY 24-25. Determine his residential status and income taxable in his hands for AY 25-26.
9. Mr Nishant, a NOR for PY 23-24 and ROR for PY 24-25 has received rent from property in Canada amounting to ₹ 1,00,000 during PY 23-24 in a bank in Canada. During FY 24-25, he remitted this amount to India through approved banking channels. Is such rent taxable in India, and if so, how much and in which year?
11. Mr Raj, an Indian citizen and a Government employee, left India for the first time on 25.03.2024 on account of his transfer to High Commission in Singapore. During PY 2024-25, he visited India only for ten days on occasion of his sister’s marriage. During FY 2024-25, his income composition includes salary, foreign allowances, rent from property in Singapore and interest earned from fixed deposits maintained with SBI. His taxable income for PY 2024-25 will include:
12. Mr Suhaan (aged 35 years), a non-resident earned dividend income of ₹ 12,50,000 from an Indian Company which was declared on 30.09.2024 and credited directly to his bank account on 05.10.2024 in France and ₹ 15,000 as interest in Saving A/c from State Bank of India during PY 2024-25. Assuming that he has no other income, what will be amount of income chargeable to tax in his hands in India for AY 2025-26?
13. Mr Mango, an Indian citizen, lives in New York, USA since the last 10 years. He has a penthouse in Mumbai, given on rent @ ₹ 2,00,000 p.m. During PY 2024-25, he came to India for 152 days in aggregate. His total stay in India in the immediately preceding 4 previous years is 366 days. You, being the tax consultant of Mr Mango, advise him about his residential status for AY 2025-26.
14. Lister Internationals Inc, a non-resident engaged in business of selling “Good Z”, appoints Mr Risky as an agent in India for selling such product. Mr Risky works as an agent for several other persons also including non-residents aiding them in selling their products. The appointment of Mr Risky will
15. Mr Rajesh, aged 53 years, and his wife, Mrs Sowmya, aged 50 years, are citizens of Country X. They are living in Country X since birth. They are not liable to tax in Country X. Both of them have keen interest in Indian Culture. Mr Rajesh’s parents and grandparents were born in Country X. Mrs Sowmya visits India along with Mr Rajesh for four months every year to be with her parents, who were born in Delhi and have always lived in Delhi. During their stay in India, they organize Cultural Programme in Delhi-NCR. Income of Mr Rajesh and Mrs Sowmya from the Indian sources for PY 24-25 is ₹ 18 lakhs and ₹ 16 lakhs, respectively. What is the residential status of Mr Rajesh and Mrs Sowmya for AY 2025-26?
